Gibson is set to sell its Downtown Memphis factory after 18 years. According to Memphis Daily News, the guitar company is putting its current factory on the market and seeking to relocate to a smaller premises in the area. The company hopes to stay in the current facility for another 18 to 24 months while a new location is found.
 
Presumably it’s hoped that the sale will go some way to paying off Gibson’s debt, which reportedly approached $520 million in August.
 
More at https://www.memphisdailyn...-looking-for-new-home/

Actually that story has been floated multiple times for at least the last 6 months.
 
I doubt they will get a mere fraction of the $520M debt that factor.

Well, by firing me they don't have to pay my $100 million a year...that should help 

CH has become a much brighter place now that Craig is here

Anderton
Well, by firing me they don't have to pay my $100 million a year...that should help 

I'll manage your luggage for .5% + expenses

I'm surprised they still want to be located in the USA at all, after how the federal government has treated them in the past.

Someone needs their credit card taken away... although its a little late.

bitflipper
I'm surprised they still want to be located in the USA at all, after how the federal government has treated them in the past.

A lot of the stuff they sell brings in more money if it's stamped "Made in the USA." Also, maybe they like the new government better than the previous one.

The new gubmint plays guitar?